TROY, MI -- (Marketwire) -- 04/23/09 -- Delphi Corp. (PINKSHEETS: DPHIQ) values all of its
customers and has provided them, including GM, with uninterrupted supply
throughout Delphi's Chapter 11 cases.
We believe that continuity of supply to GM will be best assured by
resolving the issues that will allow Delphi to emerge successfully from
Chapter 11.
Each of the parties have provided proposals for a potential solution that
each believed would allow for the successful and rapid resolution of
Delphi's Chapter 11 cases. We remain confident that continuing to
aggressively work with all of the stakeholders will result in a
satisfactory resolution of these issues.
Delphi believes that it is counter-productive to publicly discuss GM's or
Delphi's restructuring efforts.
CONTACT:
Lindsey Williams
248.813.2528
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